Amazon Promised Executives
Multimillion-Dollar Bonuses

SEATTLE -- Amazon.com Inc. agreed to pay two top executives multimillion-dollar cash bonuses last year as the Internet retailer's share price left many employees' stock options worthless.

According to the annual report filed with securities regulators Friday, Amazon in January of last year told Diego Piacentini, its senior vice president of international operations, it would pay him a $1.9 million signing bonus in two installments, beginning early last year. Atop a base salary of $175,000, Mr. Piacentini was promised two...